Bitcoin Pay vs Tether
Bitcoin Pay (BTCPAY) and Tether (USDT) compared side by side. BTCPAY has been the more volatile of the two, at 201% annualised against USDT's 1%.
Bitcoin Pay (BTCPAY) and Tether (USDT) compared side by side. BTCPAY has been the more volatile of the two, at 201% annualised against USDT's 1%.
BTCPAYUSDT
| Metric | BTCPAY | USDT |
|---|---|---|
| Max drawdown (400d) | -59.6% | -0.2% |
| Risk-adjusted return (90d) | -0.29 | -0.03 |
Relative strength over 90 days: USDT outperformed BTCPAY by 54.7% — measured on the BTCPAY/USDT ratio, so it holds regardless of market direction.